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Hitachi Ltd (HTHIY)
OTHER OTC:HTHIY
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Earnings Data
Report Date
Jan 31, 2025TBA Not Confirmed
Period Ending
2024 (Q3)Consensus EPS Forecast
0.48Last Year’s EPS
0.7Same Quarter Last Year
Moderate Buy
Based on 1 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Oct 26, 2018
|% Change Since: -8.42%
|Next Earnings Date:Jul 27, 2018
Earnings Call Sentiment|Positive
The earnings call highlighted strong revenue growth, an upward revision of the full-year forecast, and robust order growth, particularly in Digital Systems & Services and Hitachi Energy. However, challenges were noted in the Connective Industries and semiconductor segment, as well as in the China market. Overall, the sentiment is positive due to the significant upward revisions and strong performance in key sectors.Company Guidance
In the earnings call for Hitachi, Ltd. regarding the second quarter of the fiscal year 2023, detailed guidance indicated a substantial financial performance with several key metrics highlighted. The company reported a year-on-year revenue increase of 13% for Q2, reaching JPY 2,096.5 billion, and an adjusted EBITA of JPY 202.7 billion, which was up by JPY 17.3 billion. For the first half, revenues reached JPY 3,924.8 billion, marking a 12% increase year-on-year, while adjusted EBITA rose by JPY 49.2 billion to JPY 359.6 billion. The forecast for the full year has been revised upward, with projected revenues of JPY 8 trillion and an adjusted EBITA of JPY 818 billion, reflecting a JPY 18 billion increase. Net income is expected to be JPY 520 billion, up by JPY 20 billion, and core free cash flow is anticipated to rise by JPY 30 billion to JPY 340 billion. Orders have remained robust, with Q2 orders for Digital Systems & Services growing by 15% year-on-year to JPY 669.3 billion, and Hitachi Energy orders increasing by 14% to JPY 653.8 billion. Shareholder returns have also been strengthened, with a JPY 100 billion share buyback completed and plans for an interim dividend of JPY 80 per share, reflecting a JPY 10 increase from the previous fiscal year.Strong Revenue Growth
Hitachi reported Q2 revenues of JPY 2,096.5 billion, marking a 13% year-on-year increase. The first half of the year saw revenues of JPY 3,924.8 billion, a 12% increase year-on-year.
Upward Revision of Full-Year Forecast
The full-year forecast for continuing consolidated business has been revised upward, with expected revenues of JPY 8 trillion (2% increase from the previous forecast) and adjusted EBITA of JPY 818 billion (up by JPY 18 billion).
Robust Order Growth
Q2 orders for Digital Systems & Services increased by 15% year-on-year, and Hitachi Energy orders increased by 14% year-on-year. The backlog for Hitachi Energy reached JPY 3.9 trillion.
Improved Shareholder Returns
A JPY 100 billion share buyback was completed in September, and the interim dividend is planned to be JPY 80 per share, a JPY 10 increase from fiscal year 2022.
Lumada Business Growth
Lumada business revenues are expected to increase by 18% year-on-year, reaching JPY 2.31 trillion, with an adjusted EBITA margin of 15%.
GlobalLogic's Strong Performance
GlobalLogic showed very strong growth with a 21% increase in revenues year-on-year, maintaining a high adjusted EBITA margin of 20%.
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HTHIY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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HTHIY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $52.82 | $54.15 | +2.52% |
| Jul 31, 2024 | $41.91 | $43.71 | +4.29% |
| Apr 26, 2024 | $34.03 | $34.27 | +0.71% |
| Jan 31, 2024 | $30.50 | $31.76 | +4.13% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Hitachi Ltd (HTHIY) report earnings?
Hitachi Ltd (HTHIY) is schdueled to report earning on Jan 31, 2025, TBA Not Confirmed.
What is Hitachi Ltd (HTHIY) earnings time?
Hitachi Ltd (HTHIY) earnings time is at Jan 31, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is HTHIY EPS forecast?
HTHIY EPS forecast for the fiscal quarter 2024 (Q3) is 0.48.
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